CCS

Two leaders build energy Market Leadership with coal gasification Shenua Group (Shenua), from China, and GE, from USA, create the new GE Shenhua Gasification Technology Company Ltd., a 50-50 joint venture (JV) with Headquarter located in Shanghai, China. The firm will sell industrial gasification technology licenses in China, conduct research to improve cost and performance. The company has registered capital of $6 million. Patents and proceeds obtained by the joint venture will be shared evenly. The cooperation is also part of Sino-US joint efforts to develop clean energy, and gasification is a crucial component of that goal. China and USA hold respectively the first and second biggest […]

K5 is located about 230km from Bintulu, in water depth of 80 metres. Discovered in 1970, K5 is a sour gas field offshore Sarawak in eastern Malaysia. It had been left undeveloped as it contains up to 70 % carbon dioxide (CO²)  content. Anyway, Petronas and Total have now signed a heads of agreement to jointly study its […]

Definition: “CCS” stands for Capture Compression and Sequestration. This operation is directly related to the Carbone Dioxide (CO²). Comments: As reflected by the acronym, CCS require three different operations: Capture: The Capture of the CO² is not always easy, it depends very much where the CO² comes from, mixed with Oil & Gas, produced out […]